No Result
View All Result
  • Login
Wednesday, February 4, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

Ministers approve NIS 5b tank, APC procurement plan

by FeeOnlyNews.com
6 months ago
in Business
Reading Time: 2 mins read
A A
0
Ministers approve NIS 5b tank, APC procurement plan
Share on FacebookShare on TwitterShare on LInkedIn


The ministerial procurement committee has approved the plan of the Ministry of Defense and the IDF to increase substantially the rate of production of Merkava tanks and Namer and Eitan armored personnel carriers (APC), at a cost of over NIS 5 billion.

Minister of Defense Israel Katz and Ministry of Defense director general Amir Baram presented the plan to the committee. It will allow the manufacture of armored fighting vehicles to be accelerated, with dozens more Merkava, Namer, and Eitan vehicles being produced.





RELATED ARTICLES




Israel to widen fiscal deficit target to fund war






The project for accelerating expansion of the IDF’s armored fighting vehicles inventory is being led by the Tank and APC Administration in the Ministry of Defense together with the IDF’s Planning Directorate and Technological and Logistics Directorate.

The plan covers production of the Merkava Barak tank, the Namer tracked APC, which is based on a Merkava chassis, and the Eitan wheeled APC, including a version with a 30 mm gun turret.

The plan involves expansion of the production lines of many companies around Israel, a large number of them in the periphery of the country, part of the Ministry of Defense director general’s strategy of strengthening Israel’s defense production base.

The decision to procure more Israeli developed and produced tanks and APCs stems from the success of the advanced armored fighting vehicles in combat, and is part of a wider effort to strengthen the IDF’s ground forces.

The plan for accelerating production of armored fighting vehicles will now go to the joint Knesset committee on the defense budget. Once it is approved, the Ministry of Defense will be able to proceed to sign contracts.

Published by Globes, Israel business news – en.globes.co.il – on August 20, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: APCapproveministersNISplanprocurementtank
ShareTweetShare
Previous Post

9 Car Models That Will Soon Be Gone for Good — and 1 Being Reincarnated

Next Post

Sebi allows Sanjiv Bhasin to trade again after Rs 1 crore deposit following SAT order

Related Posts

Silver & gold ETFs rally up to 9% as bullion boom continues. Should you invest now?

Silver & gold ETFs rally up to 9% as bullion boom continues. Should you invest now?

by FeeOnlyNews.com
February 4, 2026
0

Gold and silver futures opened higher for a second consecutive session on Wednesday, pushing commodity-based ETFs up by as much...

Clorox outlines 0–1% category growth target and innovation-led recovery as ERP transition ends (NYSE:CLX)

Clorox outlines 0–1% category growth target and innovation-led recovery as ERP transition ends (NYSE:CLX)

by FeeOnlyNews.com
February 3, 2026
0

Earnings Call Insights: The Clorox Company (CLX) Q2 2026 Management View CEO Linda Rendle stated that "we entered the year...

Sun shines on Waaree Energies as tariff clouds clear

Sun shines on Waaree Energies as tariff clouds clear

by FeeOnlyNews.com
February 3, 2026
0

Shares of Waaree Energies, the country’s largest solar module manufacturer, have surged nearly 28% over the past two weeks, including...

Amazon AWS CEO Matt Garman pushes back against Elon Musk’s space data centers plan

Amazon AWS CEO Matt Garman pushes back against Elon Musk’s space data centers plan

by FeeOnlyNews.com
February 3, 2026
0

Amazon has more than 900 data centers spread across the planet. And if you ask Matt Garman, the CEO of...

Levi Strauss heir Daniel Lurie helped lure the Super Bowl when Levi’s Stadium was under construction. Now he’s mayor for the 0 million windfall

Levi Strauss heir Daniel Lurie helped lure the Super Bowl when Levi’s Stadium was under construction. Now he’s mayor for the $440 million windfall

by FeeOnlyNews.com
February 3, 2026
0

Since taking office in 2025, San Francisco Mayor Daniel Lurie has been on a mission to shake the city out...

I’ve studied nonviolent resistance in war zones for 20 years and Minnesota reminds me of Colombia, the Philippines and Syria

I’ve studied nonviolent resistance in war zones for 20 years and Minnesota reminds me of Colombia, the Philippines and Syria

by FeeOnlyNews.com
February 3, 2026
0

From coast to coast, groups of people are springing up to protect members of their communities as Immigration and Customs...

Next Post
Ulu Ventures Lists Pi Network Among its Portfolio Companies Amid Struggling Price Action

Ulu Ventures Lists Pi Network Among its Portfolio Companies Amid Struggling Price Action

Where Customers Are Really Coming From in 2025: New Data, New Channels

Where Customers Are Really Coming From in 2025: New Data, New Channels

  • Trending
  • Comments
  • Latest
Self-driving startup Waabi raises up to  billion, partners with Uber to deploy 25,000 robotaxis

Self-driving startup Waabi raises up to $1 billion, partners with Uber to deploy 25,000 robotaxis

January 28, 2026
Student Beans made him a millionaire, a heart condition made this millennial founder rethink life

Student Beans made him a millionaire, a heart condition made this millennial founder rethink life

December 11, 2025
Sellers Are Accepting Even Less

Sellers Are Accepting Even Less

January 23, 2026
Episode 242. “Our couples therapist couldn’t fix this. Please help.”

Episode 242. “Our couples therapist couldn’t fix this. Please help.”

January 6, 2026
US SEC Issues Key Crypto Custody Guidelines For Broker-Dealers

US SEC Issues Key Crypto Custody Guidelines For Broker-Dealers

December 19, 2025
How to sell a minority stake in RIA M&A

How to sell a minority stake in RIA M&A

November 11, 2025
Adam Smith Misunderstood the Origins of the Division of Labor

Adam Smith Misunderstood the Origins of the Division of Labor

0
‘You Probably Don’t Want To Go Buy A House,’ Says Best-Selling Author JL Collins—Even As Homeownership Remains The ‘American Dream’

‘You Probably Don’t Want To Go Buy A House,’ Says Best-Selling Author JL Collins—Even As Homeownership Remains The ‘American Dream’

0
Consumer Backlash Leads PepsiCo to Slash Snack Prices by 15%, but Will You See the Savings?

Consumer Backlash Leads PepsiCo to Slash Snack Prices by 15%, but Will You See the Savings?

0
Binance completes second batch of Bitcoin conversion, acquires 0M in BTC

Binance completes second batch of Bitcoin conversion, acquires $100M in BTC

0
5 Best Small-Business Loans in 2026

5 Best Small-Business Loans in 2026

0
Silver & gold ETFs rally up to 9% as bullion boom continues. Should you invest now?

Silver & gold ETFs rally up to 9% as bullion boom continues. Should you invest now?

0
Binance completes second batch of Bitcoin conversion, acquires 0M in BTC

Binance completes second batch of Bitcoin conversion, acquires $100M in BTC

February 4, 2026
Silver & gold ETFs rally up to 9% as bullion boom continues. Should you invest now?

Silver & gold ETFs rally up to 9% as bullion boom continues. Should you invest now?

February 4, 2026
XRP Open Interest Falls to Lowest Level Since 2024: Market Reset Or Warning Signal?

XRP Open Interest Falls to Lowest Level Since 2024: Market Reset Or Warning Signal?

February 4, 2026
Clorox outlines 0–1% category growth target and innovation-led recovery as ERP transition ends (NYSE:CLX)

Clorox outlines 0–1% category growth target and innovation-led recovery as ERP transition ends (NYSE:CLX)

February 3, 2026
Sun shines on Waaree Energies as tariff clouds clear

Sun shines on Waaree Energies as tariff clouds clear

February 3, 2026
China set to attend India’s upcoming AI summit signaling improving relations with New Delhi

China set to attend India’s upcoming AI summit signaling improving relations with New Delhi

February 3, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Binance completes second batch of Bitcoin conversion, acquires $100M in BTC
  • Silver & gold ETFs rally up to 9% as bullion boom continues. Should you invest now?
  • XRP Open Interest Falls to Lowest Level Since 2024: Market Reset Or Warning Signal?
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.